JUST releases JST 2026 Q3 and October key progress report, buyback mechanism shifts to a sustained revenue basis

Odaily reports that on October 26, JUST released an open letter to JST holders and launched the JST 2026 Q3 and October key progress report. The letter noted that five rounds of cumulative buyback and burn have totaled 1,881,973,007 JST, accounting for 19.01% of the initial maximum supply, with approximately $118.15 million cumulatively deployed for buybacks and burns. JUST DAO upgraded the JST buyback and burn mechanism in October, and going forward it will shift to a basis of sustained ecosystem revenue, with plans starting from Q4 2026 to deploy approximately $20.34 million in excess funds into buybacks across four tranches, while maintaining at least $50 million as a treasury safety reserve. The report also showed that JustLend's TVL remained above $7 billion at the end of the quarter, and GasFree processed approximately 21.24 million transactions in Q3. As buyback funding shifts from historical revenue reserves to sustained ecosystem revenue, JST's deflationary path and ecosystem growth are gradually forming a tighter linkage.